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CATEGORY: hinman


Jul 25, 2023 05:55

Decoding Ripple’s Ruling: A Potential Tsunami for the SEC

In a groundbreaking decision earlier this month, the Southern District Court of New York determined that institutional sales of XRP conducted directly by Ripple constitute securities sales. However, intriguingly, XRP sales on secondary markets, specifically crypto exchanges, do not. A verdict that has sparked a ripple, pun intended, in the crypto space, potentially creating waves [...]

The post Decoding Ripple’s Ruling: A Potential Tsunami for the SEC appeared first on Crypto Breaking News.

Jun 25, 2023 10:30

Garlinghouse: SEC Official Received ‘Millions’ From Vested Interests, Tradfi Heavyweight Crypto Exchange EDX Launches, Peter Schiff on USD Decline — Week in Review

Ripple CEO Brad Garlinghouse recently asserted that former SEC Division of Corporation Finance Director William Hinman “received millions of dollars of payments from his law firm” which had a vested interest in a well-known 2018 speech given by the then SEC official. In other news, crypto exchange EDX has launched backed by Charles Schwab, Citadel [...]

The post Garlinghouse: SEC Official Received ‘Millions’ From Vested Interests, Tradfi Heavyweight Crypto Exchange EDX Launches, Peter Schiff on USD Decline — Week in Review appeared first on Crypto Breaking News.

Jun 23, 2023 01:20

JPMorgan Managing Director Nikolaos Panigirtzoglou: Hinman Docs Are a ‘Boost to Ethereum’

Nikolaos Panigirtzoglou, a managing director at JPMorgan, believes the release of the Hinman docs in the Ripple vs. SEC case will influence crypto regulation. Panigirtzoglou stated this document release is likely to start a race for other cryptocurrency projects to become more decentralized and look “more like ethereum” to avoid being labeled as securities. JPMorgan

The post JPMorgan Managing Director Nikolaos Panigirtzoglou: Hinman Docs Are a ‘Boost to Ethereum’ appeared first on BTC Ethereum Crypto Currency Blog.

Everything XRP holders have been shouting has ‘been confirmed’ — Pro-XRP lawyer

Author: Cointelegraph By Ciaran Lyons
United States
May 23, 2023 08:20

Everything XRP holders have been shouting has ‘been confirmed’ — Pro-XRP lawyer

Pro-XRP lawyer John Deaton has eagle-eyed a small footnote in a Ripple brief that purportedly confirms XRP was discussed among SEC staff prior to the Hinman speech.

SEC seeks to keep Hinman documents hidden in Ripple case

Author: Cointelegraph By Ciaran Lyons
United States
Dec 26, 2022 08:20

SEC seeks to keep Hinman documents hidden in Ripple case

SEC’s request to seal documents in the Ripple Labs case has sparked criticism from the community.

Ripple files final submission against SEC as landmark case nears end

Author: Cointelegraph By Ciaran Lyons
United States
Dec 05, 2022 08:25

Ripple files final submission against SEC as landmark case nears end

The two-year-long battle between SEC and Ripple is approaching the end, with Ripple filing its final submission in its case against the US regulator on Dec. 2.

Oct 21, 2022 07:10

Ripple Finally Get Access To Hinman Docs From SEC After 18 Months

Ripple has been able to turn the tides in its favor after getting hands on the crucial Hinman documents from the clutch of SEC containing the infamous 2018 speech by the former exec, as shared by Ripple’s general counsel Stuart Alderoty. Before calling it a victory that will strengthen the legal arguments of the blockchain […]

'Well worth the fight' — Ripple counsel confirms Hinman docs are in their hands

Author: Cointelegraph By Martin Young
United States
Oct 21, 2022 08:20

'Well worth the fight' — Ripple counsel confirms Hinman docs are in their hands

The truth will be shameful and shocking for the SEC according to Ripple boss Brad Garlinghouse.

Oct 04, 2022 04:45

Bryant McGill Claims Ripple XRP Will Explode soon

The story of Ripple XRP has taken several twists over the past two years. Lots of opinions have risen following its ongoing legal battle with the SEC. The lawsuit with the US SEC started in December 2020 when the regulator declared that XRP is a security. Bryant McGill, a bestselling author, and social entrepreneur, recently indicated his beliefs concerning Ripple and its native, XRP. The author, who described himself as a human potential thought leader on his LinkedIn page, mentioned the upcoming blowing XRP volcano. Beliefs On XRP And Ripple Bullish Move McGill first tweeted that he anticipates the XRP and Ripple volcano to blow up quite soon. The author responded to his September post on Twitter, stating that he maintains the position in the previous tweet. He recalled that this had been his stance over the past year. Related Reading: Chainlink Crosses $6.18 Trillion In Transaction Value – Will This Boost LINK Price? McGill seems to be a strong proponent of the XRP crypto asset. The author is among those making recent posts on Twitter about Ripple and its token, XRP. Similarly, Daniel Moncada, an actor in the television series Breaking Bad,’ gave a positive prediction for Ripple. Moncada tweeted that Ripple will emerge as the winner in its case with the SEC. Moncada’s tweet responded to the post from David Gokhshtein, a notable fan of Ripple and XRP. Gokhshtein has asked his followers on Twitter if Ripple will win its case against the SEC. Another author with a recently published book on NFTs, Anndy Lian, tweeted demanding his community’s opinion on which crypto investment to pitch his tent. He asked if he should invest in ADA, XRP, or stick with meme coins. XRP Price Reaction As Ripple Records Court’s Victory The San Francisco-based fintech company, Ripple, recorded a win in its case against the SEC last week. This was as District Court Judge Analise ruled that the SEC should provide some vital documents for the case. The documents are related to Willian Hinman, former director of the division of corporation finance at the regulatory commission. The Judge’s order stands as a remarkable winning for Ripple. With the news, XRP shifted to a new realm of a price rally. The token finally broke the resistance level marked by the 200-day moving average. Related Reading: Elrond Coin Price Seen Climbing Nearly 20% In Next Few Weeks – Here’s Why Also, XRP leveled above its bearish trend of two years. XRP was among the top performers on September 29, surging by about 15.45%. But the coin has lost over 10% of what it gathered over the weekend. At the time of press, XRP is trading at $0.4696, indicating a gain in the past 24 hours. Featured image from Zipmex, Chart: TradingView.com

Ripple’s XRP rallies after court orders SEC to produce Hinman’s speech documents

Author: noreply@blogger.com (Unknown)
United States
Sep 30, 2022 11:10

Ripple’s XRP rallies after court orders SEC to produce Hinman’s speech documents

XRP price is rallying after Ripple Labs scored a victory in the ongoing SEC vs. Ripple Labs case that has become the longest court battle in the history of cryptocurrencies. At press time, XRP was trading at $0.4804 up 8.94% in the past 24 hours.

US District Court Judge Analisa Torres On September 29 overruled three objections by the SEC to withhold former Division Director William Hinman’s speech documents.  The judge ruled that the SEC should produce the speech documents.

Recent court ruling is a huge plus for XRP

The ruling by Judge Analisa is a huge victory for Ripple and by extension its cryptocurrency, the XRP since Ripple Labs believe William Hinman’s speech will show how the SEC is applying double standards in the ongoing court case.

In the contested speech that was delivered at the Yahoo Finance All Markets Summit in June 2018, Hinman is said to have stated that Bitcoin (BTC) and Ether (ETC) are not securities.

In his own words, Hinman said:

“Based on my understanding of the present state of Ether, the Ethereum network, and its decentralized structure, current offers and sales of Ether are not securities transactions.”

Although it is yet to be proven if the language used in Hinman’s speech exonerates Ripple Labs, Ripple Labs considers the speech a key piece of evidence in the case where the SEC is accusing the XRP of violating the US securities. The SEC had raised three objections to the decision of producing the speech documents in court, all of which were overturned leaving it with only one thing to do and that is produce the speech documents in court.

The Ripple vs the US SEC legal battle is headed for a summary judgment slated for December after dragging in the corridors of justice for over two years.

The post Ripple’s XRP rallies after court orders SEC to produce Hinman’s speech documents appeared first on Invezz.



from Cryptocurrency – Invezz

Sep 30, 2022 12:30

U.S. District Court Orders SEC to Release Hinman Documents

The U.S District Court rejected the SEC’s attempt to conceal Hinman Documents. William Hinman previously claimed that Ether was not

Jun 07, 2022 07:55

Ripple Vs SEC Call on Hinman’s Speech Scheduled Today: Why Is It so Important?

The conference call is expected to end the SEC's attempt to delay the production of documents related to the ex-SEC William Hinman.

Continue reading Ripple Vs SEC Call on Hinman’s Speech Scheduled Today: Why Is It so Important? at DailyCoin.com.

May 16, 2022 08:01

XRP Rallies as Ripple Submits Response to Claims by Ex-SEC Director Hinman

The price of Ripple's XRP plummeted as hard as 27% as the Terra ecosystem crash plunged the entire crypto market into the red sea.

Continue reading XRP Rallies as Ripple Submits Response to Claims by Ex-SEC Director Hinman at DailyCoin.com.

Jun 20, 2023 11:55

Ripple General Counsel Says US Law Requires SEC Employees to Act Impartially

Ripple General Counsel Alderoty shares a reminder to SEC officials about how they are expected to act under the law. In the wake of William Hinman’s saga, Ripple’s General Counsel Stuart Alderoty shared an interesting fact about how SEC officials are expected to act under the law. According to Alderoty, the law requires all federal […]

The post Ripple General Counsel Says US Law Requires SEC Employees to Act Impartially first appeared on The Crypto Basic.

Jun 20, 2023 06:30

Hinman Papers Release: JPMorgan Predicts Boost for Ether in Ripple Case

hinman papers release: jpmorgan predicts boost for ether in ripple case 2 In a recent development surrounding the legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), the release of the Hinman Papers has sparked significant interest and speculation within the cryptocurrency community. These documents, which contain internal communications from the SEC, …

<p>The post Hinman Papers Release: JPMorgan Predicts Boost for Ether in Ripple Case first appeared on CCNC | Cryptocurrency Newscast.</p>

Ripple vs. SEC: Could newly released documents tip the balance?

Author: Cointelegraph By Luke Huigsloot
United States
May 20, 2023 04:40

Ripple vs. SEC: Could newly released documents tip the balance?

The court case between SEC and Ripple Labs has been ongoing for nearly two and a half years, but a summary judgment ruling could be made any day.

Jun 19, 2023 01:20

Ripple CEO Brad Garlinghouse: Former SEC Official William Hinman Received ‘Millions of Dollars’ From Law Firms With a ‘Vested Interest’ in His Speech

Ripple CEO Brad Garlinghouse has blasted the enforcement approach of the U.S. Securities and Exchange Commission (SEC) after the release of the Hinman docs, which contain internal discussions that the institution had before the now famous 2018 speech offered by former SEC Division of Corporation Finance Director William Hinman. Garlinghouse stated that while he was

The post Ripple CEO Brad Garlinghouse: Former SEC Official William Hinman Received ‘Millions of Dollars’ From Law Firms With a ‘Vested Interest’ in His Speech appeared first on BTC Ethereum Crypto Currency Blog.

Ripple case nears conclusion, but the fight for clarity must 'continue' – Brad Garlinghouse

Author: Cointelegraph By Ciaran Lyons
United States
Jun 18, 2023 08:20

Ripple case nears conclusion, but the fight for clarity must 'continue' – Brad Garlinghouse

In a video posted to Twitter, Ripple CEO Brad Garlinghouse opined that the U.S. financial watchdog acted in "bad faith, plain and simple." He warned that it is only the beginning of the battle for "so many other" crypto firms.

Jun 18, 2023 05:50

The fight for clarity ‘has to continue’ – Brad Garlinghouse

Ripple CEO Brad Garlinghouse has warned that as Ripple’s case against the United States financial watchdog comes “to a close,” it is only the beginning of the battle for many others in the crypto industry, emphasizing that the fight for clarity “has to continue.’ Following a lengthy back and forth between Ripple and the United [...]

The post The fight for clarity ‘has to continue’ – Brad Garlinghouse appeared first on Crypto Breaking News.

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